Solar-Battery Incentives | Australia | Smart Energy Answers

Solar-Battery Incentives in Australia: Cut Energy Bills and Help the Environment

By accessing rebates and discounts, you may be able to reduce your energy use, save on power bills, and help the environment.

Solar battery incentive programmes are available in several Australian states and territories.

The ACT Government Incentive

The ACT Government’s Next Generation Energy Storage, or Next Gen, programme is subsidising the installation of batteries for roughly 5,000 homes and small businesses.

The current rebate is:

• $825 per kilowatt, or kW, of Sustain Peak Output, or SPO
• Up to a maximum of 30 kW or $24,750 for households
• Up to 50 kW or $41,250 for businesses

The SA Government Incentive

The South Australian Government incentive is calculated based on the kilowatt-hour capacity of the battery purchased.

Energy concession holders may be eligible for a higher subsidy, helping support low-income households to access the scheme.

The current rebate is:

• $3,000 maximum subsidy per battery installation
• $300 per kWh for energy concession holders
• $200 per kWh for all other households

The VIC Government Incentive

The Solar Homes Program is supporting eligible Victorian households to install a solar battery by providing a point-of-sale discount of up to $4,174.

Solar battery rebates are now available in every Victorian postcode.

Solar battery rebates will maintain their current value of up to $4,174 until 30 June 2021.

The NSW Government Incentive

The NSW Government has recently introduced support to make it easier for homeowners to access clean, renewable energy and reduce electricity bills.

Through the Empowering Homes Program, homeowners may be able to access interest-free loans to install a solar battery system.

This programme is initially running as a pilot to refine its design before rolling out across the state.

Eligible households may be able to apply for interest-free loans for a battery added to an existing solar system, or for a new solar and battery system.

The two options available are:

• An interest-free loan of up to $14,000 towards a solar photovoltaic, or PV, plus battery system, repayable over terms of up to eight years
• An interest-free loan of up to $9,000 towards retrofitting a battery system to an existing solar PV system, repayable over terms of up to 10 years

For a solar battery installation, you must use the loan to either:

• Increase the size of your existing solar system and install a solar battery
• Install a new solar system and battery

For a battery-only installation, you must:

• Already have a solar system of sufficient size to support a solar battery
• Have an appropriate, technologically equipped inverter system
• Upgrade an older inverter system if required, which may involve using part of the loan towards the upgrade

The Smart Energy Answers Incentive

Smart Energy Answers has gone one step further by launching our own interest-free loan offer, now available nationwide for a limited number of customers per postcode.

This offer can help homeowners access interest-free loans to install solar and battery systems, or fit solar batteries to an existing system.

The interest-free loan is available up to $35,000 and is repayable over terms of up to seven years.

Click here to request an obligation-free energy assessment and see if you are eligible today.